Identity Access Management (IAM) is Essential to business success

Identify Access Managed is essential to business success. Cybersecurity has gained paramount importance for both businesses and individuals. The prevalence of cyber threats has led to significant costs associated with data breaches and malware attacks. These attacks originate from various sources, including the everyday cloud tools in use.

Daily, the typical employee engages with 36 cloud-based services. Managing access to sensitive data and resources has become a pivotal necessity. It stands as a crucial component in upholding robust security measures. Compromising a single account within a business application can result in far-reaching consequences.

Hackers find login credentials particularly valuable, with various online accounts holding immense worth on the dark web. For instance, the login details of an email administrator can fetch anywhere from £500 to £140,000.

Ensuring access management forms a fundamental part of your cybersecurity strategy is imperative. Neglecting this aspect could lead to substantial financial repercussions and damage to your reputation following a data breach.

We will now delve into six compelling reasons why access management has become integral to sound data security. It plays a pivotal role in safeguarding valuable assets and upholding data integrity.

The Significance of Identity Access Management (IAM)

Mitigating Internal Threats

Internal threats arise from both malicious actions and inadvertent errors. They can originate from employees within an organisation or compromised accounts. Identity Access Management solutions empower businesses to establish precise access controls and permissions. This ensures that employees only gain access to data pertinent to their roles.

By curtailing excessive privileges, organizations can diminish internal threats. Access management also provides visibility into user activities, facilitating the real-time identification and response to suspicious behaviour.

Reinforcing Data Protection

Data breaches can inflict severe repercussions upon businesses, including reputational harm, financial losses, regulatory penalties, and even permanent closure for those unable to recover. Effective access management bolsters data protection by constraining access to sensitive information and enforcing robust authentication measures.

Multi-factor authentication, encryption, and user authentication serve to limit access within a system. Access management solutions also empower organisations to monitor and govern data transfers, upholding data security throughout its lifecycle. By implementing robust access controls, businesses can mitigate risks, reduce unauthorised data access, and shield their most valuable assets.

Advancing Regulatory Compliance

Adhering to data privacy regulations stands as a foremost priority for numerous organisations. Identity Access Management solutions ensure regulatory compliance by providing requisite controls and audit trails.

IAM tools also aid companies in adopting best practices such as role-based access control (RBAC), the principle of least privilege, and contextual multi-factor authentication. Through access management, businesses can demonstrate compliance with regulatory requisites. IAM solutions further facilitate regular access reviews, allowing organisations to uphold accurate records of user access and permissions—a crucial element for regulatory audits and evaluations.

Streamlining User Authorisation and Deprovisioning

Manual management of user accounts and access privileges proves time-consuming and susceptible to human error. A single mistyped entry can heighten the risk of an account breach. Access management solutions automate user authorisation and de-provisioning, ensuring employees maintain appropriate access rights over the course of their employment tenure.

Access management simplifies the onboarding process upon an employee’s entry into an organisation by promptly provisioning requisite user accounts and permissions based on their role. Upon an employee’s departure, IAM tools ensure the timely de-provisioning of accounts and the revocation of access rights, mitigating the presence of dormant or unauthorised accounts.

Recall the significant data breach at Colonial Pipeline a few years ago, which emanated from an old, unused business VPN account that had not been properly de-provisioned. Streamlining user authorisation and de-provisioning enhances security and enhances operational efficiency.

Identity Access Management Facilitating Secure Remote Access

The past decade has witnessed two significant transformations in the traditional “office” landscape: the surge in remote work and the escalating reliance on cloud services. Consequently, secure remote access has become indispensable for organisations. IAM solutions provide secure authentication and authorisation mechanisms for remote users, enabling them to securely access corporate resources and data.

Identity Access Management is a reliable companion for employees whether they work remotely, travel, or access data through mobile devices. Access management ensures secure access without compromising data integrity and confidentiality. Noteworthy features encompass virtual private networks (VPNs), single sign-on (SSO), and multi-factor authentication (MFA), which collectively bolster secure remote access while preserving the sanctity of corporate data.

Identity Access Management Enhancing Productivity

Implementation of an identity and access management system holds the potential to elevate productivity. Consider the substantial time HR or IT teams expended in provisioning user accounts, encompassing the assignment of login credentials and user access permissions across various tools.

IAM systems automate this entire procedure through role-based access protocols, facilitating the immediate allocation of appropriate access levels. When an employee exits, the system promptly revokes access, saving considerable time and effort for administrative personnel.

Seek Assistance in Establishing a Robust Identity Access Management Solution

Access management has evolved into a pivotal element of cybersecurity, mitigating internal threats, reinforcing data protection, ensuring regulatory compliance, and more. We stand ready to aid you in implementing an IAM system tailored to your needs. Don’t hesitate to contact us today to discuss fortifying your access security.

Do you need the best IT Support for your business?

You need the best IT support in London. Technology is complicated and expensive. It’s so hard to maintain everything and know what to do when something breaks or goes wrong. IT problems can really put a damper on your day. They’re frustrating, time-consuming, and can seem like a never-ending cycle of issues.

We’re unique because…

We don’t tie our clients into long-term contracts we don’t feel the need to
We don’t enforce our technical stack on you | each client’s needs are bespoke, and we work for you, not for us
We have 5* Google ratings from genuinely satisfied clients
80% of our growth has been through current client referrals
We’re proud to have 100% client retention since Penntech was established
We’ve achieved the above through our customer obsession, passion for innovation, and commitment to service excellence. Everyone could say that but ask our current clients.

We’re always just a phone call away; we live and breathe IT services. We’re here to help your business with anything that could go wrong with your systems or devices.

Contact us today or explore the range of support packages on offer.

    
 
 
         Me Mo 
 10 February 2023
 
 
  We cannot recommend Penntech highly enough for their continuous IT support, we have worked with them for years and there is truly nothing that they cannot solve or help with. Their vast amount of knowledge and speed in response is second to none.
  
 
        Alasdair Gray 
 6 February 2023
 
 
  We have been using Penntech for around 6 years now and have had a great experience. Every member of the team we interreact with is friendly and helpful and our queries are always answered quickly.
  
 
        Chris Sheasby 
 22 March 2021
 
 
  I've known Lewis since working with him at CIFF in 2011.  More recently, he has built-up an excellent business which supports a number of my past and present clients.  He also supports my business.  Lewis is first rate and equally importantly, he has built a good team around him to provide quality, responsive IT support.  I can't recommend Penntech highly enough.
  
 
        Rebecca Groves 
 20 July 2020
 
 
  Penntech have worked with us for a number of years now and have always gone above and beyond to provide an efficient professional service in every circumstance. Their friendly responsive approach is refreshing and nothing is too big or too small to assist with.
  
 
        nick groves 
 20 July 2020
 
 
  Lewis and his team are fantastic! Highly recommended
  
 
        Demstone Chambers 
 29 May 2020
 
 
  Friendly and approachable, but also excellent technically. As a barristers chambers  we have industry-specific data protection requirements. Penntech showed in-depth knowledge about the interaction between these requirements and technical IT aspects.
  
 
        Marion Caillat 
 20 May 2020
 
 
  Penntech helped us migrate and merge our inbox's for our small restaurant and bar group. They were super efficient and got everything done within 24 hours. I highly recommend them and will be using them again.
  
 
        Jonathan Davies 
 18 May 2020
 
 
  Heartstyles have worked with Penntech for 3 years. The initial brief to sort out our global IT requirements. Penntech have always been refreshing clear in their comms, avoiding IT gobbledygook. No job has been too small to support and they always deliver above and beyond what was required and within budget. They clearly know what they’re doing and the level of service is always outstanding
  
 
        leigh ryan 
 18 May 2020
 
 
  Lewis and the team at Penntech are seen very much as an extension of our business. They are professional, technically brilliant, don't over complicate things, very friendly and the staff feel comfortable dealing with them on a daily basis.  They have a good understanding of our needs and go above and beyond to ensure we can get on with our day to day business, safe in the knowledge that if anything goes wrong technically that Penntech will resolve it efficiently. Leigh Ryan, CIO, MGAM Ltd
  
 
  
  
 
 
   Google rating score: 5.0 of 5, based on 24 reviews